245 Real Estate Tax Service Response
245 Real Estate Tax Service Response
Function Group ME
This X12 Transaction Set (DSTU) contains the format and establishes the data content of the Real Estate Tax Response Transaction Set (245) for use within an Electronic Data Interchange (EDI) environment. This transaction set can be used to respond to requests for information, modifications to loan status, complete property tax data necessary for paying tax bills, or cancellations of real estate property data. This transaction set facilitates the transfer of property tax information among real estate industry participants.
Position
Segment
Name
Max Use
0100
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
0200
Beginning SegmentMandatory
Max 1
To indicate the beginning of a transaction set
NM1Loop
Optional
Repeat >1
0300
Individual or Organizational NameMandatory
Max 1
To supply the full name of an individual or organizational entity
0400
Additional Name InformationOptional
Max 1
To specify additional names
0500
Party LocationOptional
Max 1
To specify the location of the named party
0600
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
0700
Reference InformationOptional
Max 1
To specify identifying information
0800
Administrative Communications ContactOptional
Max 1
To identify a person or office to whom administrative communications should be directed
Position
Segment
Name
Max Use
HLLoop
Mandatory
Repeat >1
0100
Hierarchical LevelMandatory
Max 1
To identify dependencies among and the content of hierarchically related groups of data segments
0200
Loan InformationOptional
Max 1
To specify information about the loan
0300
Mortgage Loan Audit InformationOptional
Max 1
To specify audit information about the loan
0400
Amount and Settlement MethodOptional
Max 1
Defines a participant's monetary commitment and settlement method
0500
Tax AuthorityOptional
Max 1
To identify a jurisdiction's taxing authority
0600
Property Tax StatusOptional
Max 1
To provide data required for proper notification or determination of applicable taxes applying to the transaction
0700
Tax Installment InformationOptional
Max 1
To provide the information on real estate taxes, including amounts
0800
Installment InformationOptional
Max 1
To specify installment billing arrangement
0900
Reference InformationOptional
Max >1
To specify identifying information
1000
Date or Time or PeriodOptional
Max >1
To specify any or all of a date, a time, or a time period
NM1Loop
Optional
Repeat >1
1100
Individual or Organizational NameMandatory
Max 1
To supply the full name of an individual or organizational entity
1200
Additional Name InformationOptional
Max 1
To specify additional names
1300
Party LocationOptional
Max 1
To specify the location of the named party
1400
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
1500
Reference InformationOptional
Max 1
To specify identifying information
1600
Administrative Communications ContactOptional
Max 1
To identify a person or office to whom administrative communications should be directed
NX1Loop
Optional
Repeat >1
1700
Property or Entity IdentificationMandatory
Max 1
To define the attributes of a property or an entity
1800
Location ID ComponentOptional
Max >1
To define types and values of a geographic location
1900
Property Description/Legal DescriptionOptional
Max >1
To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision
2000
Property Metes and Bounds DescriptionOptional
Max 1
To describe real estate property by boundary lines with their terminal points and angles; this segment defines legal boundaries of real estate property
2100
Tax Information and AmountOptional
Max >1
To specify the tax information and/or amount and to be used for tax information only as established by taxing authorities
2200
Reference InformationOptional
Max >1
To specify identifying information
TDTLoop
Optional
Repeat >1
2300
Tax Delinquency StatusMandatory
Max 1
To specify the tax delinquency status on real property
REFLoop
Optional
Repeat >1
2400
Reference InformationMandatory
Max 1
To specify identifying information
2500
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
AMTLoop
Optional
Repeat >1
2600
Monetary Amount InformationMandatory
Max 1
To indicate the total monetary amount
2700
Reference InformationOptional
Max 1
To specify identifying information
2800
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
Position
Segment
Name
Max Use
0100
Transaction Set TrailerMandatory
Max 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)